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dfcHeadChair t1_j7ko3pf wrote

  1. What is your best guess at how much money you'll make?
  2. Divide that by your best guess at the amount of time, money, and effort it will take you to compile the dataset.
  3. Do the division and ask yourself if it's worth it.

The hard math is going to get you your answer. You may be able to do some fancy correlation mapping depending on the models you think will solve the problem and what data you will need. The trouble with the "shortcut" route is two-fold:

  1. It may take you longer that to do the three steps above.
  2. You might not get an accurate answer.
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Feeling_Card_4162 t1_j7kp7rq wrote

This is a good way to get an idea of the financial benefit but it’s also important to think about the knowledge you’ll gain and how much other people would benefit from it when deciding whether to continue or not. There is more to determining if something is worth your time than just money.

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dfcHeadChair t1_j7ku6j3 wrote

Yep I agree. If you learn a transferable skill that should be taken into account.

I was framing the problem in the same terms OP did.

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